Note: All winning portfolios and players are subject to verification.
The women suffered their first loss in
this week, with an ironic twist. J. Thomas helped the men post their first victory with, get this, shoe stocks! Who said that it was only women who love shoes? It pays big for men to love shoes as well.
J. Thomas, under the player name "Bandit7," finished with a portfolio value of $305,943.47. Bandit7 is the first player to break the $300,000 barrier with an impressive 22.3% weekly gain. He rocketed into first place led by long shoe positions in
For those of you unfamiliar with Deckers, they are the makers of the popular Uggs shoes. Uggs came into vogue with the help of Oprah Winfrey a couple years back when she spotlighted them on her show. Just today, DECK was up $25.31 to $142.76 on the back of a strong earnings report. The other shoe play, Skechers, returned 24% for the week.
Thomas' other portfolio holdings were long
. Thomas used his swap-stock oppurtunity on Wednesday to sell his long position in EMC and buy DECK. Good decision!
Coming into the final couple of days of trading, Bandit7 was in 31st place and down a whopping $ 40,124.34 to a leaderboard dominated by shorts in airline stocks such as
and longs in
. So it goes to show that it ain't over until that final bell rings.
Congrats to J. Thomas on a strong finish and great stock-picking!
As you get ready for Week 4 of the game, be sure to review the following articles, which should give you a leg up on the competition.
The weekly Rocket Stocks
features stocks that have the potential to move fast to the upside. Keep an eye on these.
Also, be sure to review Friday's
portfolios of the week.
Need some guidance on how to Beat the Street? James Altucher shared his insights on
, and all competitors should review that.
And if you're bearish on the market, check out
If you didn't play in the first three weeks, one of the features of this contest is that each Tuesday you can make one change to your five stocks. Keep an eye out for the weekly
article for ideas on what you should swap in.
And get some ideas on the
: ask questions, post ideas and share thoughts on stocks with the rest of the community.
This article was written by a staff member of TheStreet.com.